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Nataly_w [17]
3 years ago
13

Fritz Evans is the owner and operator of Be-The-One, a motivational consulting business.

Business
1 answer:
almond37 [142]3 years ago
5 0

Answer:

2013 Equity: 298,000

2014 Equity: 327,000

Explanation:

(A)

Assets = Liabilities + Equity

395,000 = 97,000 + Equity

395,000 - 97,000 = Equity

298,000 =  Equity

(B)

if asset increase by 65,000

and liabilities increase by 36,000

(395,000 + 65,000)  = (97,000 + 36,000) + Equity

460,000 = 133,000 + Equity

Equity = 460,000 - 133,000 = 327,000

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Suppose that capital becomes more productive. What would we expect to happen? Choose one:
Nata [24]

<u>Answer:</u>

<em>D. The equilibrium interest rate and amount invested would both increase </em>

<em></em>

<u>Explanation:</u>

Investment spending is a significant classification of actual GDP. Not exclusively is it the most unstable piece of real GDP; however, speculation spending on physical capital is additionally a significant supporter of financial development. Things being what they are, if a firm needs to construct another processing plant, where does it get the assets to assemble it? The investment of loanable assets depends on investment funds. The interest in loanable assets depends on getting.

6 0
3 years ago
An investment is advertised as returning 5.5% every 6 months (semiannually), compounded semiannually. If $50,000 is invested, th
Alecsey [184]

Answer:

(A) 11.3% (B) $430,000

Explanation:

There seems to be an error in the compounding equation written as A(t) = 50,000(1.055)2t.

Compounding the semi annual return, the equation should be

A(t) = 50,000 * 1.055^{2t}

where t is the number of years.

The equation is similar to the first expected that 1.055 is raised to the power of (2t) and not multiplied by it.

(A) Compounding at 5.5% semi-annually, the equivalent annual growth rate is computed as follows.

= 1.055^{2} -1

= 1.113025 - 1

= 0.113025 = 11.3025%

= 11.3% (to the nearest tenth of a percent).

(B) In 20 years, the investment will be worth

A(t) = 50,000 * 1.055^{2t} (where t=20)

= A(t) = 50,000 * 1.055^{2*20}

= A(t) = 50,000 * 1.055^{40}

= 50,000 * 8.5133

= $425,665

= $430,000 (to the nearest ten thousand dollars)

5 0
3 years ago
Newlife Inc. announced today that it will begin paying annual dividends. The first dividend will be paid next year in the amount
Contact [7]

Answer:

$7.63

Explanation:

Worth of the stock is the present value of all the cash flows associated with the stock. Dividend is the only cash flow that a stock holder receives against its investment in the stocks. We need to calculate the present values of all the dividend payments.

Formula for PV of dividend

PV of Dividend = Dividend x ( 1 + r )^-n

1st year

PV of Dividend = $0.63 x ( 1 + 15% )^-1 = $0.55

2nd year

PV of Dividend = $0.68 x ( 1 + 15% )^-2 = $0.51

3rd year

PV of Dividend = $0.83 x ( 1 + 15% )^-3 = $0.55

4th year

PV of Dividend = $1.13 x ( 1 + 15% )^-4 = $0.65

After four years the dividend will grow at a constant rate of 4.1%, so we will use the following formula to calculate the present value

PV of Dividend = [ $1.13 x ( 1 + 4.1% ) / ( 15% - 4.1% ) ] x [ ( 1 + 15% )^-5 ]

PV of Dividend = $5.37

Value of Stock = $0.55 + $0.51 + $0.55 + $0.65 + $5.37 = $7.63

8 0
3 years ago
Please research employment opportunities in the accounting field and provide insight into the relevance and usefulness of Excel
Travka [436]

Answer:

Following are the responses to the given question:

Explanation:

The progress throughout the financial sector does not take a confined path. One can move to more responsible roles when you're on the broad route to changing industries, receiving certificates, or switching disciplines — without even being derailed. Select from the range of staff inside the broad fields of public accountancy. You could be a lead financial official or a partner in a company of qualified checksum. A height of your career.

Although the accounting foundation is founded upon consistent accounting practices, the accountants can apply this theory in many various ways.

Employment accounts governmental and non-profit:

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Public Accounting Jobs:

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  • Accountant Taxation
  • Fiscal Prosecutors
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Jobs in private accounting:

  • Clerk of Accounting
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  • Financial Controller/Control Office
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  • Measurement of environmental accountant/sustainability
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Fiscal Services:

  • Specialist in Business Valuation
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Accounts only include the cash that can be represented financially. Some individuals call accountancy "the language of business," as well as its objective is to allow accountancy users to make better choices

This included many tasks performed by the CPAs for its clients:

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4 0
2 years ago
your coin collection contains 56 1952 silver dollars. if your grandparents purchased them for their face value when they were ne
ruslelena [56]

Answer: $32184.54

Explanation:

For us to calculate this , we will use the formula for the future value which has been solved and attached. It should.be noted that:

Present value(PV) = $56

r = rate = 6.3% = 6.3/100 = 0.063

n = time = 2056 - 1952 = 104

The question has been solved and the answer is $32184.54

When they retire in 2056, the collection will be worth $32184.54

5 0
3 years ago
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